Ross Stores: A Good Fit for Investors

Strong quarterly results suggest that the discount clothing retailer's stock is on sale.

Strong fiscal fourth-quarter results point to better times for Ross Stores, a discount clothing retailer.

Early Thursday, Ross (ticker: ROST) announced earnings of $236.6 million, or $1.07 a share for the quarter ended Feb. 2, up from 85 cents a share in the year-ago period and in-line with analysts' expectations. The company raised its...